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April 19, 2015 2:28 PM ET

Textiles, Apparel and Luxury Goods

Company Overview of K-Swiss Inc.

Company Overview

K-Swiss Inc. designs, develops, and markets footwear, apparel, and accessories for athletic, sports, and fitness activities, as well as casual wear under the K Swiss brand worldwide. The company also offers footwear for adventurers for various terrains under the Palladium brand. Its products include tennis and running collection apparels, such as skirts, shorts, tops, polos, dresses, and warm-ups for men and women; and casual athletic apparels consisting of jackets, sweaters, sweatshirts, track jackets, tee shirts, caps, socks, and bags. The company sells its products to specialty athletic footwear stores, pro shops, sporting good stores, and department stores through sales executives, indep...

31248 Oak Crest Drive

Westlake Village, CA 91361

United States

Founded in 1966

542 Employees





Key Executives for K-Swiss Inc.

Chief Executive Officer and President
Chief Operating Officer
Age: 62
Chief Executive Officer of FORM Athletics, President of FORM Athletics and President of K-Swiss Orange County
Corporate Counsel
Age: 60
Corporate Controller
Age: 47
Compensation as of Fiscal Year 2014.

K-Swiss Inc. Key Developments

K-Swiss Inc. Names New Global Leadership Team Under E.Land World Limited

E.Land World Limited has named a new global executive team to oversee the newly formed K-Swiss Inc. entity. Effective immediately, the K-Swiss Inc. global executive team will be led by Truman Kim, Chairman; Larry Remington, President and CEO; Barney Waters, CMO; and Wim Tuijl, Managing Director of Europe, Middle East and Africa. Ed Flora will remain in his position as the incumbent COO. In his new appointment as President and CEO, Larry Remington will assume responsibility for the global operations of K-Swiss Inc. including the K-Swiss and Palladium businesses. Remington succeeds Steven Nichols, former K-Swiss CEO since 1987, and David Nichols, former president since 2012.

K-Swiss Inc. Amends Certificate of Incorporation and Bylaws

At the effective time of the Merger, K-Swiss Inc.'s certificate of incorporation was amended and restated in its entirety. The amended and restated Certificate of Incorporation contains provisions that, among other things, change the registered office; authorize the issuance of one class of common stock with a par value of $0.01 per share; provide for the number of directors of the company to be fixed as provided for in the Bylaws; authorize the Board of Directors to make, alter or repeal the bylaws of the company, subject to any such rights of the company’s stockholders; provide for indemnification and limitations on director liability; and permit stockholders to act by written consent. The foregoing description of the amended and restated Certificate of Incorporation is qualified in its entirety by reference to the full text of the amended and restated Certificate of Incorporation. At the effective time of the Merger, the company’s bylaws were also amended and restated. The A&R bylaws, among other things, provide that a special meeting of stockholders may be called by the Chairman of the Board or the President or by order of the Board of Directors or by the Secretary upon the written request of stockholders holding a majority of the outstanding shares of stock; for the number of directors of the company to be determined by the Board of Directors and to initially be three; for the officers of the company to be a President, a Secretary and a Treasurer, and authorize the Board of Directors to elect a Chairman of the Board of Directors, one or more Vice Presidents and such other officers as it deems fit; and for indemnification and advancement of expenses. The foregoing description of the A&R bylaws is qualified in its entirety by the full text of the A&R bylaws.

K-Swiss Inc. Announces Board Resignations

In conjunction with the Merger, on April 30, 2013, each of Steven Nichols, George Powlick, Lawrence Feldman, Stephen Fine and Mark Louie resigned as a member of the Board of Directors of the K-Swiss Inc. and all committee of which they were a member.

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